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Wednesday, October 8, 2014

Market News In 2 Minutes @ 8th October 2014

As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this "Market News In 2 Minutes" series.

Following are the "Market News In 2 Minutes" for today :

1. Grand Banks Yachts (G59) - Says the company will be removed from the SGX Watch-List with effect from Oct 9. The maker of luxury yachts had announced its first full-year profit after five consecutive years of losses from 2009. (source : The Edge)

2. Boustead Singapore (F9D) - Its wholly-owned subsidiary Boustead Projects has won a contract in excess of $20 million to design and build the Airbus Asia Training Centre. The centre is located at Seletar Aerospace Park in Singapore. (source : The Edge)

3. Tat Hong Holdings (T03) - Says the company is exploring a possible spin-off of part or all of its tower crane rental business in China. It intends to do this via a listing on a “reputable stock exchange”. (source : The Edge)

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